HELB Defaults Rise, Threatening Student Funding
The number of former university students defaulting on HELB loans has risen sharply. Defaults have increased by nearly 40 percent, reaching 380,530 by October. Unpaid loans now total KSh 42 billion, putting the agency under pressure. HELB reports that many defaulters are professionals. Lawyers, doctors, engineers, and accountants make up a large share. The agency […]
